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Clayton Dubilier & Rice Inc
US buyout firm CD&R hires former Tesco chief Dave Lewis
...“CD&R is a high-performing business with really good people and the way they do business is important to me,” Lewis told the FT....
January 15, 2024
Private equity
BC Partners sells IT group Presidio in sign of thaw for private equity deals
...CD&R and BC Partners declined to comment....
April 2, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Technology sector
China blocks use of Intel and AMD chips in government computers
...It runs alongside a parallel localisation drive under way in state-owned enterprises....
March 24, 2024
ReviewBiography and memoir
The Klansman’s Son — R Derek Black explores a white supremacist past
...R Derek Black has been described as the “first child” of American white nationalism....
April 30, 2024
LexIntuit Inc
AI boom can even work on your taxes Premium content
...Smaller rival H&R Block trades on a multiple of only 12 times. But this premium has more to do with bog-standard accounting than cutting-edge tech....
April 22, 2024
LexApple Inc
Apple’s buyback bonanza could be casualty of antitrust crackdown Premium content
...In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D....
March 27, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
ReviewAlbums
Erika de Casier: Still album review — softly sung R&B that holds centre stage
...All this is done in a knowing way, but not archly. Still is her third album. Its 2021 successor Sensational was widely praised....
February 21, 2024
HM Revenue & Customs
HMRC undermining innovation by failing to award R&D tax credits, say start-ups
...The way it’s been dealt with is just shocking.” Companies whose R&D claims have been rejected unexpectedly have been forced to change their business plans....
April 1, 2024
Mergers & Acquisitions
CD&R’s Morrisons sells petrol forecourts to sister company MFG for £2.5bn
...CD&R bought MFG for £500mn nearly a decade ago....
January 30, 2024
ReviewAlbums
English Teacher: This Could Be Texas — indie scene gets a boost with Leeds band’s defiant debut album
...She utters them in unpredictably different ways, from cool voice-overs to hearty cries....
April 10, 2024
Chris Giles on Central Banks
Where is the Fed’s interest rate heading? Premium content
...The uncertainty is in many ways worse than that....
April 23, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Of course it cuts both ways....
April 19, 2024
Inside BusinessRichard Waters
Apple’s slow-burn approach to products
...Spending on R&D reached nearly 8 per cent of revenue last year, up from just over 2 per cent a decade ago....
January 25, 2024
Reddit Inc
Reddit is casting aside community spirit in search of financial maturity
...Hal learned a lot from carousing with Falstaff, but his assumption of state power means he has to cast off his wild ways and misfit friends. This literary motif repeats itself in modern life....
March 12, 2024
ReviewAlbums
Justice embrace smoothness and sinewy rhythms in Hyperdrama
...US R&B singer Miguel has an attractive cameo in “Saturnine”....
April 24, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...In the last fiscal year, R&D costs were equal to 7.8 per cent of revenue, up from 3.3 per cent in 2014. But it has not been willing to fund a new supply chain for mass car production....
March 7, 2024
On Wall StreetJoe Miller
‘Spoofing’ case might draw back curtain on high-speed trading firms
...In a line that seemed destined to make its way on to the r/wallstreetbets message boards on Reddit, Stein further called the claims “cogent and at least as compelling as the inference that defendants were...
March 2, 2024
Special ReportThe Americas’ Fastest Growing Companies
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
...He says Vertex’s $4.8bn R&D budget is not about maximising “shots on goal”; it is instead focused on “a set number” of diseases where Vertex has “super-high conviction that they’re going to work”....
April 26, 2024
ExplainerCentral banks
How low will rates go? The hunt for the elusive ‘neutral’ level
...Schnabel said uncertainty over R-star meant that once the ECB started to cut rates it should “proceed cautiously in small steps” and “may even need to pause on the way down if inflation proves sticky”....
February 12, 2024
Tesla Inc
Tesla’s biggest problem: cars
...In one way, Musk’s wish has already come true. Tesla is valued like a pure AI and robotics company, even though it isn’t one yet....
April 26, 2024
News in-depthSanofi SA
Sanofi chief says he could have done a better job outlining R&D plan
...Do you partner on those assets or do you resource them to go all the way?” he said....
December 7, 2023
HTSI
10 delicious dishes
...R+D.Lab Vintage Lacquer collection of Bilancia ceramics, from €25...
April 11, 2024
Tesla Inc
Tesla shares surge after Elon Musk secures deal with China’s Baidu
...Tesla shares surged after chief executive Elon Musk struck a deal with China’s search and mapping group Baidu paving the way for the US company’s semi-autonomous driving technology to be rolled out in the...
April 29, 2024
Semiconductors
Europe’s top chipmaker Infineon boosts hiring in India and Vietnam
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
January 30, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...“The large PBMs make money every step of the way when they stick with the brand and it will take a lot to shake them from that mindset.”...
April 25, 2024

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